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    4133 Old Jacksonville Rd Springfield, IL 62711

    Sponsored
    For Sale
    $289,000

    Prime 3.5-acre development site in Springfield, IL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3.5-acre development site, located at 4133 Old Jacksonville Road in Springfield, Illinois (zip code 62711), presents a unique investment opportunity. The property, identified by APN 13-35.0-426-052, is zoned B-2 (County), offering a wide range of potential uses as per the Sangamon County zoning code. Currently priced at $289,000, this land boasts convenient access to both Old Jacksonville Road and Meadowbrook Road. Its attractive location is further enhanced by its adjacency to the 12-mile Sangamon Valley Trail, providing recreational opportunities and potential synergy for development projects. The site is situated within Gardner Township, which approved alcohol sales in March 2020, potentially opening up additional development possibilities. This property offers developers a blank canvas for various commercial ventures, taking advantage of its strategic location and flexible zoning regulations. Serious inquiries are encouraged to explore the full potential of this exceptional development site.

    Property Features for 4133 Old Jacksonville Rd

    General Information

    Property type
    Land
    Lot Size
    152,460 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office of Statewide Pretrial ... State Government Office GHD Engineering Consultant

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Building Supply Gym & Fitness Pharmacy Accounting Firm Department Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.731797
    Latitude
    39.7871179

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    FAQs

    What type of property is this?
    Land - Prime 3.5-acre development site in Springfield, IL.
    Where is this land located?
    The property is located at 4133 Old Jacksonville Rd Springfield, IL.
    What is the asking price?
    The asking price for this property is $289,000.
    Request Owner's contact information
    4133 Old Jacksonville Rd Springfield, IL 62711
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    Springfield, IL 62711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4133 Old Jacksonville Rd Springfield, IL 62711
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